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T.R. Reid Quote

Internal Revenue Service: If you determined your tax in the earlier year by using the Schedule D Tax Worksheet, or the Qualified Dividends and Capital Gain Tax Worksheet, and you receive a refund in 2016 of a deduction claimed in that year, you will have to recompute your tax for the earlier year to determine if the recovery must be included in your income.

T.R. Reid

Internal Revenue Service: If you determined your tax in the earlier year by using the Schedule D Tax Worksheet, or the Qualified Dividends and Capital Gain Tax Worksheet, and you receive a refund in 2016 of a deduction claimed in that year, you will have to recompute your tax for the earlier year to determine if the recovery must be included in your income.

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About T.R. Reid

T. R. Reid (born Thomas Roy Reid III in 1944) is an American reporter, documentary film correspondent, and author. He has also been a frequent guest on National Public Radio (NPR)'s Morning Edition. Reid currently lives in Denver, Colorado.